Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 16, 2024

Sales of Blistre Autos are 390,000, variable cost is 250,000, fixed cost is 90,000 tax rate is 40%. Calculate the operating leverage of the company

Sales of Blistre Autos are 390,000, variable cost is 250,000, fixed cost is 90,000 tax rate is 40%. Calculate the operating leverage of the company O A. 1.8 times OB. 1.79 times OC. 4.67 times D. 2.8 times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Accounting for Governmental and Not-for-Profit Organizations

Authors: Paul A. Copley

10th Edition

007352705X, 978-0073527055

More Books

Students also viewed these Accounting questions

Question

★★★★★

Consider a game with two players who cannot communicate, and in which each player is asked a question. The players can answer the question honestly or lie. If both answer honestly, each receives...

Answered: 1 week ago

Question

★★★★★

Assuming that light travels at 186,000 miles per second, what is the distance (in miles) that light travels in 1 year? This is the unit of length known as a light-year. Give your answer in scientific...

Answered: 1 week ago

Question

★★★★★

=+Explain how the four principles of experimental design are used in the Acela experiment described in the previous section (see page 724)

Answered: 1 week ago

Question

★★★★★

As noted in C 3 4, Datura, Ltd., sold 15,000 sets of pottery in 2010. For the next year, 2011, Daturas strategic planning team targeted sales of 15,000 sets of pottery, reduced the selling price to...

Answered: 1 week ago

Question

★★★★★

The following accounts and their balances were selected from the unadjusted trial balance of Point Loma Group Inc., a freight forwarder, at October 31, the end of the current fiscal year: 1 Common...

Answered: 1 week ago

Question

★★★★★

2. Is the value of 1 known? |Now Is the value of oz known? No v 3. Are there any outliers in data set 1? |Yes, the histogram shows outliers. Are there any outliers in data set 2? Yes, the normal...

Answered: 1 week ago

Question

★★★★★

Q. Explain about fundamentals of baccarat, game rules, and why baccarat is so popular with high rollers worldwide.

Answered: 1 week ago

Question

★★★★★

5.16 Sleep duration of college students. In Example 5.4, the daily sleep duration among college students was approximately Normally distributed with mean = 7.13 hours and standard deviation = 1.67...

Answered: 1 week ago

Question

★★★★★

A credit reporting company places a fax machine in the office of a mortgage lender, so that the credit reporting company can easily transmit requests for credit reports and the mortgage lender can...

Answered: 1 week ago

Question

★★★★★

1.Describe the concept of Communities of Practice. Why are "Communities of practice" Important? (2 Marks) 2.How can organizations cultivate communities of practice? How can these communities of...

Answered: 1 week ago

Question

★★★★★

Your target audience for this project is somebody completely unaware of MS SharePoint, they have absolutely no idea what they are. This should make it easy when choosing how to present your...

Answered: 1 week ago

Question

★★★★★

Describe how positive energy contributes to improved interpersonal relationships.

Answered: 1 week ago

Question

★★★★★

3. Can you think of a situation where employment of married couples would create problems for a firm? Explain your answer.

Answered: 1 week ago

Question

★★★★★

1. Your company is considering adopting a tobaccofree employee hiring practice. As the Director of Human Resources, you have been charged to research the legality of this proposal and provide...

Answered: 1 week ago

Previous Question Next Question